|Min SIP Amount||Not Supported|
|NAV||₹1011.49 (15 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹403 Cr|
|Reserve Bank of India||Financial||T-Bills||23.6%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||6.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||6.1%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Debenture||6.0%|
|Reserve Bank of India||Financial||T-Bills||5.9%|
|Bank Of Baroda||Financial||CD||5.9%|
|Reliance Industries Ltd.||Energy||CP||5.9%|
|LIC Housing Finance Ltd.||Financial||CP||5.8%|
|Power Finance Corpn. Ltd.||Financial||Debenture||4.9%|
|Export-Import Bank Of India||Financial||CD||4.8%|
BOI AXA Ultra Short Duration Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Ultra Short Duration Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹403 Cr and the Latest NAV as of 15 Jan 2021 is ₹1011.49.
The BOI AXA Ultra Short Duration Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 50% into instruments having maturity less than or equal to 1 year and rest having maturity more than 1 year with low /medium risk appetite.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.